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New Tech Opportunities in Africa

Information and communication technologies (ICTs) are transforming Africa. Across the continent, new startup digital enterprises are emerging, while existing small and medium enterprises (SMEs) are increasingly leveraging ICTs to expand. Intensified use of ICTs presents Africa’s SMEs with opportunities in virtually every sector as well as room to create jobs.

The pace of transformation across Africa, however, is slow and one of the major barriers is poor ICT infrastructure. A number of countries are reaping the benefits of greater digital penetration but others are watching from the sidelines. In Kenya for example, the M-Pesa mobile money disruption has enabled many SMEs to be more efficient.



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